IOFM Series: Mitigating the Risk of Procure-to-Pay Improvement

When AP practitioners discuss improving P2P, the conversation almost invariably focuses on automation. Which technology would accelerate how quickly we: scan invoices, match the invoices to POs, process and then reconcile the payments, etc.?

While various systems can enable improvement, they should not be the first place AP practitioners look to make their processes more effective or efficient. Automation is expensive, and it’s risky if taken on before you understand your process.

There is a …